Altez achieves new high of $3,351 psf

EdgeProp Singapore

January 6, 2022

SINGAPORE (EDGEPROP) - In this column, we look at condominium projects that have achieved new highs in terms of psf price and those that have seen new lows, based on URA Realis data for the period of Dec 4 to 23.

Highest psf transactions

Altez topped the list with a new psf price high of $3,351 after a penthouse unit was sold for $14.83 million on Dec 8. The unit, measuring 4,424 sq ft, is located on the 62nd floor of the 99-year leasehold condominium in Tanjong Pagar.

Developed by Far East Organization, Altez is a 280-unit project located on Enggor Street that was completed in 2014. The condo comprises a mix of one-, two- and three-bedroom units with sizes ranging between 527 and 1,729 sq ft. There are also penthouse units starting from 2,444 sq ft.

The development is connected to the Icon Village shopping mall and is also located next to the 100 AM retail mall. It is close to the financial district and transport links such as the Tanjong Pagar MRT Station and Marina Coastal Expressway.

Stirling Residences also hit a new psf price high after a 441 sq ft unit was sold for $1.11 million, or $2,511 psf, on Dec 11. The one-bedroom unit is located on the 36th floor of one of the 99-year leasehold development’s three towers.

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